Stellar Lumens performs Airdrop for Blockchain Wallet users

The Stellar Development Foundation has partnered with wallet provider Blockchain to distribute $150 million worth of Stellar Lumens (XLM) to wallet users. The Stellar Foundation hopes that the Airdrop and the partnership with Blockchain will drive the introduction of XLM.

The Airdrops funds are provided by the Stellar Development Foundation, the charitable foundation behind the Stellar Lumens project that developed the crypto currency.

The Airdrop by Stellar Lumens in cooperation with the renowned wallet provider Blockchain is an example of the free distribution of crypto currencies to online wallets, which enjoyed increasing popularity last year and was used by numerous projects as a marketing tool to increase demand and popularity (although there were also numerous black sheep ripping off users).

Announcing SDF’s largest lumen distribution to date. Millions of new users to be onboarded to #Stellar with leading digital asset wallet @blockchain. This represents a major step towards increased access and global network participation. Learn more: https://t.co/qn7nSNlgSa

– Stellar (@StellarOrg) November 6, 2018

about the Stellar-Blog the foundation announced:

We are pleased to announce the largest lumen distribution to date: an XLM distribution of up to 500 million users from the leading digital asset wallet provider Blockchain. This Airdrop will put Stellar’s name and technology before the 30 million account holders of Blockchain and bring many new users to our ecosystem.

Stellar will be only the fourth crypto currency, after Bitcoin, Ethereum and Bitcoin Cash, that will be supported by the blockchain wallet.

XLM worth $25 per user

With respect to the value Stellar Lumens will distribute to each user, the Blockchain team explained that XLM worth $25 will be distributed to each individual once the identity has been verified after logging into the wallet. There is also a first-come first-served clause that says:

The offer is available until the XLM giveaway offer is exhausted. There is a limit of one XLM-Airdrop per person unless you participate in bonus activities.

At first only the registration for the waiting list via e-mail address is necessary. As soon as the Airdrop takes place, Blockchain sends an email with instructions to use the XLM. For this all participants need a Blockchain Wallet. Users who already have a wallet with Blockchain do not need to create a new account.

The link to the Airdrop is as follows: https://www.blockchain.com/getcrypto

Outcoming Coinbase listing of XLM

As we reported, Ox (ZRX) and Basic Attention Token (BAT) were listed on Coinbase. Speculation is now high that Stellar (XLM) might be the next one to be supported. Earlier this year, Coinbase had expressed interest in listing the following digital assets: ZRX, BAT, XLM, Cardano (ADA) and ZCash (ZEC).